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Delaware Tax Loophole

For decades, Delaware has been a tax haven for businesses. Many firms pay next to nothing in state taxes simply by registering key subsidiaries there. But now the system is under attack by states facing budget deficits. NPR's Allison Aubrey reports.

Copyright 2003 NPR

Allison Aubrey is a correspondent for NPR News, where her stories can be heard on Morning Edition and All Things Considered. She's also a contributor to the PBS NewsHour and is one of the hosts of NPR's Life Kit.